A-Share Screen Using Positive MACD, Low Price, and High Turnover

Summary

This document describes a daily China A-share screening rule that combines a positive MACD reading, a closing price below 12 yuan, and the previous day’s turnover rate above 8%. It gives example indicator conditions and a Python outline that retrieves price data, calculates MACD, checks tradability, and adds qualifying stocks to a list. The stated screening time is before 10 a.m. each trading day.

The rationale is that the MACD condition may indicate positive momentum, while elevated prior-day turnover may help identify near-term interest in a stock. The document flags data quality and market volatility as risks, and suggests adding technical or fundamental indicators and adapting conditions to the market environment. It provides no performance results, benchmark, holding period, or exit rules, so the screen alone does not establish a tradable strategy. The sample code also needs adaptation to the actual data interface and field definitions; its ranking reference is not explained in the text.

Key ideas

• The screen requires MACD above zero, a price below 12 yuan, and previous-day turnover above 8%.
• The document proposes running the screen before 10 a.m. on each trading day.
• It offers indicator and Python examples but says data interfaces may require adjustment.
• No backtest, holding period, or exit method is provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.